YEARLY HIGH
0.0207 QAR
YEARLY LOW
0.0203 QAR
YEARLY AVERAGE
0.0205 QAR

2023 DJF to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0207. Conversely, the yearly low was recorded on December 16, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0004 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0205, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0207 was down 0.03% compared to the 2022 peak of 0.0207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DJF based on timing:

Yearly Peak High 103 QAR
2022 Average 102 QAR
Yearly Trough Low 102 QAR
Transaction Impact: A difference of 1.75 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0205
0.0205
JanuMarcMayJulySeptNove

DJF to QAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0205, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0205
H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0003 QAR (High: 0.0206 / Low: 0.0203). On the other end, May was the most stable month, with a tight range of 0.0001 QAR (High: 0.0205 / Low: 0.0204).

August Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0205) against the same month in 2022 (average: 0.0204), the exchange rate shifted by +0.0001 (+0.55%).

2023 Avg (April) 0.0205
2022 Avg (April) 0.0204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0206 0.0205 0.0205
February 0.0206 0.0204 0.0205
March 0.0207 0.0204 0.0205
April 0.0207 0.0204 0.0205
May 0.0205 0.0204 0.0205
June 0.0206 0.0204 0.0205
July 0.0206 0.0204 0.0205
August 0.0206 0.0203 0.0205
September 0.0205 0.0203 0.0205
October 0.0205 0.0204 0.0205
November 0.0206 0.0204 0.0205
December 0.0205 0.0203 0.0205